Which of the Following Would Constitute the Creation of an Assignment

question 9

Multiple Choice

Which of the following would constitute the creation of an assignment?

• A)if the transfer is of nonnegotiable instruments
• B)if a transfer qualifies as a negotiation under Article 3
• C)if a transferee qualifies as a holder in due course
• D)if the indorsement falls under the shelter principle

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Definitions:

Virtual Version

A digital or simulated version of something real, created within a computer or online environment.

Subatomic Particles

Particles that are smaller than an atom, including protons, neutrons, and electrons, which are the basic building blocks of atoms.

Elements

Elements are fundamental components or substances that cannot be broken down into simpler forms by chemical means.

Scientific Theories

Well-substantiated explanations of some aspect of the natural world, based on a body of empirical evidence and subjected to the scientific method.